Increase your tax refunds with GTA Wealth

Tax preparation is a necessary function while living in Canada and most developed countries. It should not be neglected; it is a legal requirement to file your income tax returns. You should do your tax return every year; it keeps the tax department at bay, and it allows you to review other aspects of your wealth creation strategies.

The tax accountants and financial advisors are very experienced and of the highest calibre in the field of tax accounting and financial planning. They take great pride in the professionalism of their work. You can trust and count on their tax and financial advice and service. Why settle for less when you can take advantage of the beneficial tax and financial synergies offered by the holistic approach of GTA Wealth Management? Act now, contact the income tax and financial professionals at GTA Wealth to start saving on your taxes. GTA Wealth is the one stop for all your tax return and financial services.

Quick facts about income tax

• You are legally required to file personal tax returns if you have taxes payable or you receive a request to file.
• If you are behind in filing your income tax returns, you could be subject to interest and penalties on overdue back tax balances.
• The tax department can garnish your wage, freeze your bank account, seize assets to collect overdue back tax balances  (back taxes, etc.).
• The tax preparation process allows the tax department to calculate your Rsp contribution room each year. Accordingly, you can take advantage of contributing to your Rsp, receive a tax deduction on your income tax return and plan for your retirement.
• Preparing your income tax returns on a timely basis reduces your risk of a tax audit.
• Having a professional tax accountant prepare your income tax return will enable you to utilize the available tax deductions and tax credits.
• Reducing your income tax is huge part of your wealth building process.  The highest tax bracket in Ontario is approximately 46%.
• Prepare your income tax return each year.  You can avoid interest and penalties on overdue back tax balances owing.
• The tax preparation process allows the tax department to calculate your Rsp contribution room each year.  Accordingly, you can take advantage of contributing to your Rsp; receive a tax deduction on your income tax return; and help your retirement plan.
• Prepare the family income tax returns together.  There are tax credits that can be transferred between family members; hence, it is profitable to prepare the family income tax returns together with one financial advisor / tax accountant.

A significant portion of your hard earned income goes to the government coffers in Ottawa. Why not keep some of this money in your pocket? Preparing your own tax return is time consuming and you will most likely miss a tax deduction or a tax credit resulting in a higher income tax bill. Instead of paying the tax department a higher tax bill, pay a financial advisor at GTA Wealth to reduce your tax payable. The tax accountants and financial advisors at GTA Wealth attend many courses to keep up to date with new tax legislation; new tax legislation that you are probably not aware of. This lack of knowledge leads to errors, possible tax audits and a higher tax bill. Get help and pay less tax.

Benefits of GTA Wealth Income Tax Return Assistance

• Free financial review:  With the preparation of a tax return, GTA Wealth will provide you with a free financial needs analysis i.e. tax planning, investment return review etc.. Tightly integrated tax solutions can make a positive difference to your financial planning.
• Expertise:  Tax Accountants and certified financial planners to provide you with the advice you need to retire early, plan for your child's higher education, investments etc.; all with a tightly integrated tax strategy to help save on the taxes you pay.
• Efficiency:  GTA Wealth can provide multiple services.  This can save you time and money; one financial advisor to help you with your tax, investments, mortgages, and insurance.
• Flexible:  GTA Wealth has multiple offices across the GTA and flexible meeting times to meet your busy schedule.

GTA Wealth offers income tax preparation that works in concert with your financial plan

It is recommended to prepare your family’s income tax returns together and not separately. Certain tax deductions and tax credits can be transferred between family members; consequently, it is a good idea to prepare mom’s, dad’s and the children’s income tax returns together.

The experienced tax accountants and financial advisors at GTA Wealth Management Inc. can help you with your income tax return and wealth management plan. To help in this regard, GTA Wealth offers a free financial needs analysis. It would be financially prudent to take advantage of this offer, you have nothing to lose and everything to gain. An integrated approach to income taxes and financial planning helps you save on your taxes and improve your wealth building plan.

Why not do what many happy clients of GTA Wealth have done. Let the tax accountants and financial advisors at GTA wealth tailor an integrated tax and financial solution perfectly fine tuned for your tax and financial needs. GTA Wealth would welcome an opportunity to service you. GTA Wealth, a company you can trust with your financial affairs.

Do not hesitate, Contact or call the tax accountants at GTA Wealth Management toll free at 1 855 GTA WLTH (855 482 9584). A professional tax accountant / financial advisor is ready to serve all your personal income tax return and tax planning needs. GTA Wealth Management Inc. has three convenient locations in Mississauga, Toronto and Markham to serve you.